Thursday, August 28, 2008

Shuffling moneys

I finally decided it was time to trim back my holdings in Apple to something a bit more reasonable. I rode the stock up through about 1000% of gains and it was starting to completely dominate my portfolio, so today I went in and had a chat with my investment advisor.

I sold down about 90% of my Apple and bought up some Palm, Intel, nVidia and AMD, as well as a few financial company stocks to round things out. My portfolio still isn't the picture of balance and diversity, but it's at least a bit more spread out.

More balancing will have to wait until I have more money to invest.

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